Average Cost of Homeowners Insurance in South Dakota (2025)

The average cost of homeowners insurance in South Dakota in 2024 is $2,827. This figure is $404 more than the national average of $2,423. Aside from the amount of coverage you get, credit rating has the largest impact on premiums in South Dakota. The difference between premiums for those with excellent and poor credit ratings can be as much as $12,283.

If your rates have recently increased, we've also analyzed the cheapest policies in South Dakota, which could offer more affordable options. The insurance provider you choose also plays a role in determining your premiums.

In South Dakota, the average homeowners insurance premium is $2,827 for policies with $250K in dwelling coverage, $125K in personal property coverage and $200K in liability coverage, which is more than the national average of $2,423.

When determining how much coverage you need, get enough insurance to rebuild your home and replace personal property after a total loss. For example, a South Dakota policy with $100K in dwelling coverage comes with an annual premium of $1,577. If your property needs $500K in dwelling coverage, the annual premium rises to $4,733.

Homeowners' insurance premiums differ among insurers. For instance, a policy from Auto-Owners Insurance may cost significantly less than one from USAA, reflecting a difference of over $2,000 annually. There are plenty of great providers in South Dakota.

Homeowners with poor credit scores pay $14,486 annually for homeowners insurance on average. This is $11,659 more than the state average of $2,827. If you have excellent credit, your premium is about $2,203, saving $624 below the average. South Dakota homeowners can find which insurers offer the best value for their money.

Roofing materials affect homeowners insurance premiums due to their durability and resistance to elements. In South Dakota, homes with tile roofs may have lower insurance costs as they are more resistant to weather-related damage.

Construction materials also play a role in insurance pricing, as some are more resistant to common perils. For instance, homes with superior construction materials that are more fire-resistant can attract lower insurance premiums than standard frame construction.

Use the drop-downs in the table below to see how premiums change based on your home's materials.

Insuring a new construction home in South Dakota typically costs less than covering an existing one. Homeowners may find that the modern materials and adherence to current building codes can translate into savings on their premiums. The table below illustrates how premiums for new homes compare with those for older structures. Adjust the filter to see how different levels of coverage affect these costs.

In South Dakota, the average annual premium for a new home is $1,204, which is $1,623 lower than the average for an existing home at $2,827.

In South Dakota, homeowners with a spotless claims record for five or more years can expect to pay $2,827 a year. But, if you've filed a single claim within the past five years, the average jumps to $3,399, reflecting a $572 increase from the baseline.

 For those with two claims, the premium escalates to an average of $4,027 annually, which is $1,200 above the average.

There are ways to find the best deal for you.

Homeowners can save by bundling their home insurance with auto insurance in South Dakota. MoneyGeek's analysis reveals that the average savings on the combined cost of auto and home insurance range from $414 to $1,000 per year.

• Protective devices discount for installing security systems
• Impact-resistant roof discount for weatherproof roofing materials
• Claim-free discount for years without filing a claim

Remember to ask about eligible discounts when getting quotes.

For those navigating the homeowners insurance landscape in South Dakota, a variety of resources are available to assist with understanding regulations, finding affordable coverage and estimating insurance costs. Whether you're a new homebuyer or a seasoned homeowner, these tools can provide valuable insights into your insurance options.

• South Dakota Division of Insurance: Official state resource for insurance regulations.
• Affordable Home Insurance in South Dakota: Find cost-effective options for your home.
• South Dakota Homeowners Insurance Calculator: Estimate your potential insurance costs.
• High-Risk Home Insurance Coverage: Understand insurance for homes in high-risk areas.
• Top Home Insurance Options in South Dakota: Compare the best insurance providers.
• Personal Property Coverage Essentials: Guide to personal property insurance needs.
• Report Insurance Fraud: Online system for reporting insurance fraud.